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❓ASK Bitcoins - Your money might grow or bankrupt easily

Itsmenermin

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Bitcoin is a good investment. But, it also have the disadvantages of it. Your money might grow or bankrupt easily. So be careful about your decisions!
 
I think it is worth though taking a risk investing in cryptocurrencies,because in time,you can get back your invested cash with alittle or bigger profit.I think even if the price is fluctuating sometimes,the cryptocurrencies will always be valuable.
 
I think with bitcoin going up and down so much. we should only invest what we have made online. not money out of our bank accts. Just my opinion on this..
 
Bitcoin is a very risky investment. The possibility of making a profit or loss in this industry is very high. I have made some losses and just waiting for the currency to go before disposing my pile.
 
Yes bitcoin is a good investment. But if one is not careful, the person might lose his bitcoin.
To start with bitcoin investment. You must first know how to trade bitcoin for you not to go bankrupt
 
Currently the HODL should be the approach. And the moment the value of the coins go into the 10K mark. I think it'd be fair to sell them. Because going up and staying down for a long time shows you that it can be pretty tough market to stay into. I personally would be selling my crypto assets and then move to something stable. I don't want risk of crypto affecting my future.
 
If you are careful about investing in bitcoin , you will never be bankrupt. You should avoid investing bitcoin in scam websites. If bitcoin price drops down , don't be panic , just hold your bitcoins for month , be patient , and one day will come when bitcoin price rises up , then you can sell all your bitcoins at that moment. This is how you can grow your bitcoins.
 
i think day trading is better at-least you are doing what you want to and can certainly make a profit if you are serious about it and take the profit with both hands and luck ;)
 
Every day its necessary to keep an eye on the bitcoin price , if it drops too much , just don't get frustrated ,wait for a bit , time will come wen you can sell it at high price. Complete dedication towards bitcoin is necessary to avoid getting bankrupted.
 
But hey, if you think about it, imagine how lucky was the person who bought btc not long ago when it was 4k USD, now it's 10.5k. Sold quite a few of them and pretty rich! Especially if he's not in US! I truly envy that person, wish I had done that too as well! Hehe! :)
 
At the end of last year, bitcoin fell in price and there was a good chance to buy it, many were afraid, thinking that it would disappear from the market, but those who took the risk expect a profit, as now bitcoin is growing
 
It's worth to invest in Bitcoin. All that requires is just a matter of patience. You should buy bitcoins when the price is low and sell it when the price is high. So in other words you should be daily awared of the Bitcoin price . You don't need any trading skills here. Just a common sense and requires lot of patience.
 
When it comes to investment nothing is certain,all investment demands some level of risks same with investing in Bitcoin. You just know when to buy and when to sell to make a good profit
 
Regarding Holding: Buy at low and hold it for one big time upto 15000 minimum to sell well that can go higher if halving has affect on bitcoin.

Regarding Investment: Dont invest at this time as if bitcoin goes down again you will face a loss.

Regarding Trading: Buy low and sell at a higher price. Repeat this business.
 
Thats what i did for fast few days and it really work sometimes.

My comments could be stronger but I am really in confusion regarding trading. Up or down always thinking which way bitcoin is going to move. To avoid bankruptcy we should not buy higher price.
 
ok so at what price buy and sell daily , u got any stratigy for sell and buy daily . make with rate like buy when 9.5 and sell 9.7 and then when buy and sell ? i want start daily trading but idk when buy and sell i mean rate ..
 
I
Bitcoin is a good investment. But, it also have the disadvantages of it. Your money might grow or bankrupt easily. So be careful about your decisions!
I think that if you are trading Bitcoin or any other cryptocurrency then you should use a reasonable stop limit so that you get your profit when you want to end you get yourself safe from any unwanted loss that you may face in the form of a beerish market
 
ok so at what price buy and sell daily , u got any stratigy for sell and buy daily . make with rate like buy when 9.5 and sell 9.7 and then when buy and sell ? i want start daily trading but idk when buy and sell i mean rate ..

Bitcoin is not so good coin for daily trading. It cannot jump high enough like 12% within an hour. Many other coins usually do that from where profit is easier to grab. But peak to peak holdling 20 to 30 days good profit from bitcoin like 6400 to 11000.
 
Bitcoin is not so good coin for daily trading. It cannot jump high enough like 12% within an hour. Many other coins usually do that from where profit is easier to grab. But peak to peak holdling 20 to 30 days good profit from bitcoin like 6400 to 11000.

ok so what low coins u think i may try it ? on binance ? u have any idea ? i got small amonut anyways its 10$ but i wanna try trading 1time trade like try my luck :D
 
ok so what low coins u think i may try it ? on binance ? u have any idea ? i got small amonut anyways its 10$ but i wanna try trading 1time trade like try my luck :D

Check those coins 1 hour graph which have regular fluctuations. More profit there. I did not try binance. If you send me coin list from there as screenshot through PM I can suggest you coins.
 

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